GOLD PRICE IN JAPANESE YEN — MAY 18, 2017
💱 XAU/JPY · Thursday, May 18, 2017
On Thursday, May 18, 2017, the gold spot price was C$1,702.17 per troy ounce in Canadian Dollars, equivalent to ¥177,536.33 JPY per ounce or ¥5,707.92 JPY per gram. Gold fell -0.56% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — MAY 18, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,702.17 | C$54.73 | C$54,725.96 |
| JPY | ¥177,536.33 | ¥5,707.92 | ¥5,707,917.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,706.39 | ¥177,976.48 |
| High | C$1,713.46 | ¥178,713.88 |
| Low | C$1,694.15 | ¥176,699.85 |
| Close | C$1,702.17 | ¥177,536.33 |